Connecticut Administrative Code
Title 38a - Insurance Department
433 - Variable Life Insurance
Section 38a-433-10 - Qualification of agents for the sale of variable life insurance
Current through September 9, 2024
(a) Qualification to sell variable life insurance.
(b) Reports of disciplinary actions. Any person qualified in this state under this Section to sell or offer to sell variable life insurance shall immediately report to the Commissioner:
(c) Refusal to qualify agent to sell variable life insurance, suspension, revocation, or nonrenewal of qualification. The Commissioner may reject any application or suspend or revoke or refuse to renew any agent's qualifications under this Article to sell or offer to sell variable life insurance upon any ground that would bar such applicant or such agent from being licensed to sell other life insurance contracts in this state. The rules governing any proceeding relating to the suspension or revocation of an agent's license shall also govern any proceeding or suspension or revocation of an agent's qualification to sell or offer to sell variable life insurance.